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About Lendle Summary
- Lendle is a decentralized, non-custodial liquidity market on the Mantle Network.
- Founded in August 2023 with a mission to innovate lending and borrowing experiences.
- Unique features: expanded lending opportunities, isolated and undercollateralized lending, and enhanced token lock mechanisms with revenue share.
- V1 launched, with a Mantle Foundation Builders Grant to design and implement new lending markets’ features.
- Goal: to be the #1 lending market on Mantle.
- $LEND token can be bought and sold on Decentralized Exchanges on Mantle.
- $LEND holders can stake tokens to receive protocol fees in ETH, BTC, USDC,
About Lendle: Empowering Decentralized Lending
Lendle is dedicated to revolutionizing the lending and borrowing experience within the Mantle Network. As a pioneering, decentralized, and non-custodial liquidity market, our core mission is to inject innovative spirit and decentralization into the lending and borrowing ecosystem, thereby redefining the landscape.
Established in August 2023, the project boasts a distinctive array of features, including augmented lending opportunities, isolated and undercollateralized lending, and an advanced token lock mechanism with revenue sharing capabilities. Following the successful launch of V1 and receipt of a prestigious Mantle Foundation Builders Grant, Lendle is dedicated to emerging as the premier lending market on Mantle, driven by its commitment to innovative market features.
Presently, the $LEND token is tradable on decentralized exchanges within the Mantle ecosystem. Notably, $LEND holders have the opportunity to stake their tokens on Lendle, thereby earning protocol fees denominated in prominent cryptocurrencies such as ETH, BTC, USDC, USDT, and MNT. Furthermore, by locking their tokens, holders also become eligible to receive penalty fees incurred by early unlockers.
As we continually refine the protocol, certain utilities may be introduced or modified. To stay informed, please refer to our documentation and follow our social media channels for the latest updates.